Removal from the Sainsbury's Bank and other lender panels: Why they do it and how to get reinstated

  • Breaches of Sainsbury's Bank conveyancing panel requirements
  • Missing deadline to reapply to remain on the Sainsbury's Bank convincing panel
  • Failure to act in accordance with the Sainsbury's Bank panel requirements, the written instructions that Sainsbury's Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Sainsbury's Bank may subsequently adopt.
  • Persistent delays in registering security on behalf of Sainsbury's Bank Delays or failure to register the Sainsbury's Bank charge may result in referral to external lawyers of Sainsbury's Bank to complete outstanding requirements.
  • Sainsbury's Bank may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.

Sainsbury's Bank Conveyancing Panel Reinstatement: Common Questions

  • Is there a charge to revert back onto the Sainsbury's Bank conveyancing panel?
  • What are our options if my firm’s reinstatement panel application with Sainsbury's Bank is rejected?
  • Can we act for Sainsbury's Bank while the appeal for reinstatement on the Sainsbury's Bank panel is being assessed? How do I find out if our reinstatement appeal to the Sainsbury's Bank panel is accepted?
  • Is there a limit to the number of times my practice can apply to be reinstated on the Sainsbury's Bank conveyancing panel?
  • Who should sign the reinstatement application to the Sainsbury's Bank panel ?

Top Tip: The best way to avoid the hassle of seeking Sainsbury's Bank panel reinstatement is to ensure that your firm is not removed off of the Sainsbury's Bank conveyancing panel in the first place.

Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Sainsbury's Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Sainsbury's Bank directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Sainsbury's Bank conveyancing panel.

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